Motley Fool Asset Management Names Carl Hendley President

Alexandria, VA – September 9, 2019 – Motley Fool Asset Management announced today that Carl Hendley has been selected to serve as President. 

Hendley has been with The Motley Fool for 12 years and has worked with The Motley Fool Asset Management team since 2010.  Prior to taking on the role of President, Hendley was the VP of Strategic Development where he was responsible for the Firm’s product development, distribution, and growth strategies.

“Carl has been a part of our Asset Management team from the early innings,” said Randy Coon, Head of Motley Fool Money Management. “As a key member of our leadership team he offers the expertise and experience to add to the success we’ve already achieved in offering relevant, high quality, and innovative investment solutions for long-term investors.”

Motley Fool Asset Management is responsible for $1B in assets under management across a family of mutual funds and ETFS, including the Morningstar 5-star rated Global Opportunities Fund (FOOLX) and the actively managed Small-Cap Growth ETF, available to retail and institutional investors.

“I look forward to building upon the excellent work the Motley Fool Asset Management team has already accomplished and positioning the team for future success on behalf of our clients and investors,” said Hendley. “Remaining true to the purpose of The Motley Fool, we will continue to innovate, learn, and invest with the goal of making our clients smarter, happier, and richer.”

About Motley Fool Asset Management

MFAM is a research-driven boutique asset management firm headquartered in the greater Washington, D.C. area that offers a select suite of mutual funds and ETFs.

Our high conviction, “best ideas” investment strategies invest primarily in high-quality, faster growing companies with sustainable competitive advantages and compelling market opportunities.

Disclosures

Investing involves risk, including possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. For a prospectus containing this and other information for MFAM Funds visit mfamfunds.com. Please read the prospectus or summary prospectus carefully before investing.

MFAM Funds are distributed by Foreside Funds Distributors LLC, Berwyn, Pa., a registered broker dealer not affiliated with The Motley Fool. MFAM are managed by Motley Fool Asset Management, a subsidiary of The Motley Fool Holdings, Inc. The investment advisor for the ETFs is Motley Fool Asset Management, LLC (“MFAM”). Shares of the ETFs are distributed by Quasar Distributors, LLC, a registered broker-dealer not affiliated with The Motley Fool or Foreside Funds Distributors LLC.

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The Morningstar RatingTM for funds, or ‘star rating’, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. As of 06-30-2019, MFAM Global Opportunities Fund was rated among 350 World Large Stock funds in the last ten years and received a 5-star rating. As of 06-30-2019, MFAM Global Opportunities Fund was rated among 594 World Large Stock funds in the last five years and received a 4-star rating. As of 06-30-2019, MFAM Global Opportunities Fund was rated among 722 World Large Stock funds in the last three years and received a 5-star rating. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10- year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past performance is no guarantee of future results. © 2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.